Trump sparks a rally in the US dollar! US stocks and bitcoin hit new highs, with the Dow rising 1500 points, small cap stocks surging, while US bonds and metals plummet.
Dow rises to the best level in two years, small cap index rises nearly 6%, banking stocks rise over 10%, oil, steel, and crypto stocks surge, European and American solar stocks all collapse, Trump media technology rises by almost 35% before closing up by about 6%, Tesla rises by nearly 15% to a two-year high, Qualcomm rises by 10% after the bell. Chinese concept stocks narrow their declines, NIO Inc and Zeekr drop over 5%. 10-year US Treasury yield rises the most by 20 basis points nearing 4.48%, reaching a four-month high along with a 1.7% rise breaking 105 in the USD index, Bitcoin rises by 9% nearing $0.076 million, offshore RMB drops by a thousand points to below 7.20, a three-month low, Euro and Yen once fell by 2%. Gold drops over 3%, London copper drops over 4%.
Trump's victory sparked a frenzy of rotation in US stocks: bank stocks soared, stock indices rose by more than 10%, energy stocks surged, and photovoltaic stocks collapsed.
Benefiting from expectations of relaxed financial regulation, major US banks such as Goldman Sachs, JPMorgan, and Morgan Stanley all rose by more than 10%; renewable energy stocks plummeted, with solar energy stocks like Sunrun falling by at least 10%; Bitcoin hitting a record high drove up the overall crypto concept stocks, with the largest US crypto exchange Coinbase closing up by 31%.
USA Election: The overall situation is settled, what lies ahead?
Trump leads in all 7 swing states. The Republican Party controls the Senate and is highly likely to control the House of Representatives. Such a significant lead indicates a rightward shift in the American political spectrum, with Republican political influence rising. American society may once again shift from 'pursuing fairness' to 'pursuing efficiency.'
EOG Resources Q3 2024 Earnings Preview
Williams Non-GAAP EPS of $0.43 Beats by $0.02, Revenue of $2.65B Beats by $130M
Williams Sees FY24 Adj. EBITDA $7B-$7.15B
Williams Companies Q3 2024 Adj. EPS $0.43 Beats $0.42 Estimate, Sales $2.653B Beat $2.485B Estimate
Marathon's Q3 Performance Surges Above Forecasts, But Analyst Flags Caution On Mid-Con Outlook For Q4
$1000 Invested In This Stock 20 Years Ago Would Be Worth $7,200 Today
Shares of Oil and Fossil Fuel Companies Are Trading Higher Following the US Presidential Election. Investors May Be Weighing the Potential Impact of Donald Trump's Energy Policies on the Sector.
Marathon Petroleum Analyst Ratings
Expected Winners of Trump's Victory – Financials, Oil, Software, Eastern Europe Banks, Crypto
Shares of Oil and Gas Companies Are Trading Higher After Donald Trump Wins the 2024 Presidential Election.
If You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,500 Today
Tesla, GM, Norwegian Cruise Push Consumer Discretionary Ahead Of S&P 500 On Election Day
Here Are the Major Earnings After the Close Today
Goldman Sachs quick take on Trump's victory: will only slightly reduce taxes, limited impact of tariffs on the economy.
Goldman Sachs believes that if the Republican Party wins a slim majority in the House of Representatives, the expected tax reduction is only expected to account for a fraction of a percentage point of GDP, mainly targeting individual income taxes rather than corporate taxes; in terms of tariffs, automotive tariffs will become a focus and moderately drag on GDP; in terms of regulations, the Trump administration may take a more lenient approach.
Sector Update: Energy Stocks Rise Pre-Bell Wednesday
Trump returns to the White House! Looking back at his previous term, which type of assets performed the best?
In the face of the upcoming "Trump 2.0" era, considering the similarities in his campaign policies with the previous term, investors may find insights from history: which type of assets performed best during Trump's first term?
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Wednesday as Investors Digest Trump Win